Fox Hunting: J.P. Morgan Chase & Co. Center of Madoff’s Fraud

J.P. Morgan Chase & Co. stood “at the very center” of Bernard Madoff’s fraud, according to a lawsuit unsealed Thursday that reveals for the first time how bank employees’ concerns went unheeded and irregularities in his accounts were overlooked.

The $6.4 billion lawsuit filed by Irving Picard says J.P. Morgan only reported its long-held suspicions of Mr. Madoff to British authorities in late October 2008, less than two months before he surrendered and the fraud was exposed.

About Path to Well-Being

This blog wishes to encourage others to take the path to well-being through learning more about aesthetics, art, culture, economics, history, literature, philosophy, politics, psychology, the environment, and healthy living.
"…Well-being is the ability to be creative, to be aware, and to respond; to be independent and fully active, and by this very fact to be one with the world."
- Erich Fromm

IT HAS A NAME! — BUY THE PRINT VERSION HERE

My book, It Has A Name! is available in softcover through Amazon and Create Space: https://www.createspace.com/3450668